Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Costs of Motor Insurance: Discussion (Resumed)

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Would it be fair to say the level of deposit required, especially in Dublin where prices are high but also in other areas such as where I am based in Limerick, has had the unintended consequence of being an adverse supply side measure? It is effectively getting to the point where because there is no demand and people are not able to meet the deposit levels, it prevents supply coming to market.

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